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HomeMy WebLinkAboutFND-011-20Clarington Staff Report If this information is required in an alternate accessible format, please contact the Accessibility Coordinator at 905-623-3379 ext. 2131. Report To: General Government Committee Date of Meeting: May 11, 2020 Report Number: FND-011-20 Submitted By: Trevor Pinn, Director of Finance/Treasurer Reviewed By: File Number: Andrew C. Allison, CAO By-law Number: Resolution#: GG-102-20 Report Subject: Financial Update as at December 31, 2019 Recommendation: 1. That Report FND-011-20 be received for information. Municipality of Clarington Report FND-011-20 Report Overview Page 2 The purpose of this report is to update Council on the overall budget variances as of December 31, 2019 as well as other financial indicators such as taxes receivable, investments, debt and development charges collected. Also included is a summary of Council's discretionary expenses for information only. The Council expenses is not the annual reporting of Council remunerations as required under the Municipal Act, the financial figures are not audited and are subject to change as the year-end work is completed. This report cannot be used to forecast the year-end financial position. 1. Background 1.1 The financial update has been designed to focus on the overall budget variances. Additional financial information is provided to show trends relating to the general economy. 2. Fourth Quarter of 2019 Operating Budget to Actual Variances 2.1 Attachment 1, Summary of Operating Expenditures and Revenues, compares the Municipality's budget to actuals as of December 31, 2019. This variance reporting reflects the Municipality's operating budget only. It excludes financial activities for library, museum, BIAs and consolidated hall/arena boards. Year to date expenditures as of December 31, 2019 total $85,522,334 which represents 102.7% of the 2019 budget. Revenues totalled $88,230,187 which is 105.9% of the 2019 budget. 2.2 Attachment 1 is intended to provide an indication of the status of the Municipality's operating accounts compared to the approved budget as of December 31, 2019. It is important to note that the figures presented in the report do not represent final year-end figures. Year-end accruals and adjustments are still being processed to ensure revenue and expenses are charged to the appropriate fiscal period in order to prepare the Municipal Financial Statements. The external audit of the 2019 year will be completed at the end of June. Furthermore, the 2019 and 2018 figures in the variance reporting do not include all consolidated municipal service board activities nor non -cash activities such as capital asset amortization and unfunded post -employment. This report cannot be used in isolation and does not show the final position of the Municipality in either year. 2.3 Monthly trial balances are sent to each department for regular review and budget oversight. In 2019, the variance report has been expanded to show the variances at the sub -department level. Revenues and expenditures that have a variance either above or below budget that are noteworthy are discussed in this report. Municipality of Clarington Report FND-011-20 Page 3 2.4 Non -departmental revenues are higher than budgeted at 101.5%. Some of the higher than budgeted revenues are in supplementary taxes, aggregate royalties and penalties, and general fund investment income. These are important sources of revenue to the Municipality. Going forward, the lower interest rates due to the Bank of Canada lowering the bank rate to support the economy will affect the 2020 revenues. 2.5 The Councillors' office expenditures are higher than budgeted due to severance pay of past Councillors as per By-law 2011-05 and the change in one third tax free portion of Council's remuneration as per By-law 2018-103. The impact to the Mayor's Office of the elimination of the one third tax free portion was offset by changes to the Mayor's support staffing. 2.6 Corporate Services net expenditures are under budget at 92.6%. This is due to the WSIB NEER rebate the Municipality received as a result of the excellent rating on our WSIB account. The NEER rebate program is ending in 2019. Due to the process at WSIB, the Municipality may be eligible for one last NEER rebate to be received in 2020 based on our 2019 safety record. 2.7 Parking revenues are higher than budgeted by approximately $316,800. These revenues have a corresponding expense transfer to the Parking Lot Reserve Fund. This reserve fund is used to fund the parking enforcement activities. Revenues are higher than budgeted including cemetery plot sales, animal licenses and snow clearing fines. Contributing to the lower than budgeted expenditures are salaries in several sub - departments within the Clerks due to a series of vacancies and the delay in filling the positions. 2.8 Finance net expenditures are at 90.4%. This is due to higher than budgeted fines and penalties. Finance expenditures are lower than budgeted due to several staff vacancies that were not filled immediately. Tax write offs are higher than budgeted within the Unclassified expenditures. 2.9 Emergency Services net expenditures are higher than budgeted at 103.2%. Salary and wages were higher for Suppression and Part-time Firefighters. The firefighters received retroactive pay for 2018 and 2019 in November due to the contract being settled. Emergency Services has some staff on extended leave which results in an increase demand on the part-time firefighters. Revenues were higher as noted in previous reports due to unbudgeted portions of the OPG Memorandum of Understanding. In 2019, there was approximately $116,000 for MTO emergency call revenues. These additional funds from OPG and MTO are transferred to the Emergency Management Reserve Fund. The transfer amount is included in the Administrative expenditures as well. Municipality of Clarington Report FND-011-20 Page 4 2.10 Engineering revenues are higher than budgeted at 158% or $2,537,072. While favourable, it is considerably less than the 2018 Engineering revenues of $4,136,632. Overall the Engineering expenditures are on target at 99% of the budgeted amount. 2.11 Operations net expenditures are at 101.2% of the 2019 budgeted amount. Higher Administration revenues and expenditure are in large part due to the costing structure of the fleet and the corresponding transfer to the Operation Equipment Reserve Fund. Streetlighting costs are lower than budgeted due to the conversion to LED streetlights. The savings from the LED streetlights are to be used to pay the internal loan for the retrofit project. The demand for salt, sand and brine in 2019 increased the expense by 55% in 2019 when compared to the expenditure in 2018. Lower expenditures in other areas have mitigated the impact on the budget. 2.12 Community Services revenues are on budget at 99.7%. The shortfall in some revenues is compensated in higher than budgeted revenues in other sub -departments. Similarly, on the expenditure side, savings in salaries, due to vacant positions offset higher costs in other areas. Higher expenditures within the Facilities sub -department include hydro at arenas as well as increased repair and maintenance costs. 2.13 Planning net expenditures are at 88.7%. The Development Review sub -department includes the Secondary Plan Reviews and the Sub -watershed studies. Set up as a cost recovery, the direct costs will be offset by the revenues. This work is still being done and there are timing differences on the cost recovery 2.14 As noted in previous 2019 financial update reports, the Board and Agencies have a higher expenditure due to a transfer of Library Capital Reserves which includes some funds from previous years. Municipal Property Taxes 2.15 Attachment 2, Continuity of Taxes Receivable as of December 31, 2019, provides the status of the taxes billed and collected by the Municipality during the fourth quarter. At the end of December 2019, a total of $9,383,327 remains unpaid which equals 5.01 % of the taxes levied in 2019. In December 2018 there were taxes receivable of $8,665,231 which resulted in 4.81 % of taxes levied in 2018. Although the net balance is $718,096, or 8.85% higher than the previous year, the ratio is only 0.2% higher. The following table outlines the taxes receivable ratio for 2019 and the three previous years: 2016 2017 2018 2019 Taxes Receivable $7,650,679 $8,427,275 $8,665,231 $9,383,327 Taxes Levied $66,049,171 $172,913,203 $179,993,948 $187,277,840 Taxes Receivable Ratio 4.61 % 4.87% 4.81 % 5.01 % Municipality of Clarington Report FND-011-20 Debentures Page 5 2.16 Attachment 3, Debenture Repayment Schedule provides the status of the Municipality's long-term debt obligations as of January 1, 2019. In 2019, the debt repayment obligations were $2,841,958. The annual principal and interest payments required to service these liabilities remain well below the annual debt repayment limits prescribed by the Ministry of Municipal Affairs and Housing. Municipal Development Charges 2.17 Attachment 4 shows the residential and non-residential development charges collected as of December 31, 2019. As of December 31, 2019, residential municipal development charges collected in 2019 were $2,840,164. In the 2015 Development Charges Background Study, it was forecasted that the Municipality would be collecting approximately 805 in total for 2019 or about 604 units at the end of the third quarter. Development charges have been collected for 215 units. At the end of December 2019 there was a 76.8% decrease in development charges collected and a 71.8% decrease in the number of units compared to December 2018. The development charges were significantly lower in 2019 when compared to prior years. 2.18 As of December 31, 2019, there has been $533,634 in non-residential development charges collected. Non-residential development charges are based on the building floor area rather than a total building unit cost. There are fluctuations quarter to quarter as well as year to year in non-residential development charges. 2.19 In the 2015 Development Charges By-law 2015-035, there are a number of incentives to encourage development in Clarington, mainly relating to multi -residential, commercial and industrial development. There have been no new incentives given in 2019. Since July 2015, there has been a total of $1,555,276.71 in development charge incentives given to 15 properties. Between residential and non-residential the split is approximately 37% and 63% respectively. Note that incentives are required to be covered by the Municipality's tax base. Council Expenses 2.20 Attachment 5, Council Expenses as of December 31, 2019, summarizes Council expenses at the end of the year. Only discretionary expenses such as event tickets, conferences, educations courses and external kilometer reimbursement are included in this report. As of December 31, 2019, at total of $11,243.98 in discretionary expenses have been paid to Council. Salary, tax free allowance, OMERS equivalent, severance pay and travel allowance as per By-law 2011-005 are not included in the totals. Municipality of Clarington Report FND-011-20 Investments Page 6 2.21 The annual investment report will be brought to Council at the General Government Committee on June 1, 2020. At December 31, 2019 the Municipality was compliant with its current investment policy. 3. Concurrence Not Applicable. 4. Conclusion It is respectfully recommended that the fourth quarter of 2019 financial update be received for information. Staff Contact: Paul Creamer, Deputy Treasurer, pereamer@clarington.net Attachments: Attachment 1 — Summary of Operating Revenues and Expenses Attachment 2 — Continuity of Taxes Receivable Attachment 3 — Debenture Repayment Schedule Attachment 4 — Municipal Development Charges Attachment 5 — Council Expenses Interested Parties: There are no interested parties to be notified of Council's decision. The Municipality of Clarington Attachment 1 Summary of Operating Expenditures and Revenues for 2019 to Report FND-011-20 2019 Budget 2019 Actual 2019 2019 % 2018 Budget 2018 Actual 2018 YTD YTD Unexpended Expended YTD YTD Unexpended 05 Non -departmental Accounts Municipal Taxation (65,750,542) (66,107,488) 356,946 100.5% (62,634,835) (63,362,558) 727,723 Grants - (391,308) 391,308 (252,640) 252,640 Fees/Service Charges/Fines/Other (462,563) (658,724) 196,161 142.4% (482,338) (468,358) (13,980) Investment Income (1,619,200) (2,097,483) 478,283 129.5% (1,369,200) (2,002,484) 633,284 Contributions (4,846,301) (4,522,373) (323,928) 93.3% (5,762,273) (9,249,956) 3,487,683 (72,678,606) (73 777 376) 1,098,770 101.5% (70,248,646) 75 335 996 5,087,350 Taxation/Revenue/Contributions 59 BIA Taxation BIA Taxes (215,200) (215,200) - 100.0% (211,820) (211,820) - BIA Payments 215,200 215,200 - 100.0% 211,820 211,820 - - - - - - Net Expenditures 10 Mayor and Council Mayor's Office 442,540 362,566 79,974 81.9% 434,299 433,161 1,138 Councillors' Office 501,942 657,015 (155,073) 130.9% 499,405 495,168 4,237 944,482 1,019 581 (75,099) 108.0% 933,704 928,329 5,375 Net Expenditures 13 Administrator's Office Administration - - - (2,000) (2,730) 730 Communications (45,000) (46,715) 1,715 103.8% (65,000) (43,559) (21,441) Tourism (30,500) (22,080) (8,420) 72.4% (15,000) (30,940) 15,940 Port Granby 83,500 85,242 1,742 102.1% 83,500) 102,145 18,645 (159,000) (154,037) (4,963) 96.9% (165,500) (179,374) 13,874 Revenues/Recoveries 1,014,347 1,039,218 (24,871) 102.5% 868,927 939,685 (70,758) Administration Communications 861,013 794,102 66,911 92.2% 818,177 813,548 4,629 Tourism 337,556 319,802 17,754 94.7% 329,589 309,620 19,969 Port Granby 83,500 83,549 (49) 100.1% 83,500 89,640 (6,140) 2,296,416 2,236,671 59,745 97.4% 2,100,193 2,152,493 (52,300) Expenditures Net Expenditures 2,137,416 2,082,634 54,782 97.4% 1,934,693 1,973,119 38 426 The Municipality of Clarington Attachment 1 Summary of Operating Expenditures and Revenues for 2019 to Report FND-011-20 2019 Budget 2019 Actual 2019 2019 % 2018 Budget 2018 Actual 2018 YTD YTD Unexpended Expended YTD YTD Unexpended 14 Legal Administration Revenues/Recoveries Expenditures (160,000) 543,261 (166,780) 531,430 6,780 11,831 104.2% 97.8% (170,000) 546,792 (122,203) 521,873 (47,797) 24,919 383,261 364,650 18,611 95.1% 376,792 399,670 (22,878) Net Expenditures 16 Corporate Services 12,000 385,522 373,522 3,212.7% 8,000) 255,577) 247,577 Revenue/Recoveries 217,400 216,850 550 99.7% 210,400 275,926 (65,526) Administration Human Resources/Payroll 1,745,067 1,746,149 (1,082) 100.1% 1,738,375 1,875,988 (137,613) Information Technology 1,905,848 1,933,819 (27,971) 101.5% 2,158,330 2,179,615 (21,285) Purchasing 617,649 631,727 (14,078) 102.3% 598,893 601,613 (2,720) Health & Safety 13,775 13,377 398 97.1% 14,275 19,435 (5,160) 4,499,739 4,541,922 42,183 100.9% 4,720,273 4,952,577 232,304 Expenditures Net Expenditures 4,487,739 4,156,400 331,339 92.6% 4,712,273 4,697,000 15,273 19 Clerk's Administration (123,000) (110,267) (12,733) 89.6% (127,000) (115,140) (11,860) Animal Services (77,800) (105,192) 27,392 135.2% (77,800) (110,668) 32,868 Municipal Law Enforcement (38,000) (73,351) 35,351 193.0% (38,000) (82,613) 44,613 Parking Enforcement (280,000) (596,842) 316,842 213.2% (280,000) (431,360) 151,360 Election - 529 (529) - (1,300) 1,300 Wildlife Damage Grants (from Provi (22,000) (27,605) 5,605 125.5% (22,000) (17,338) (4,662) Cemetery 140,100 192,660 52,560 137.5% 140,100 170,195 30,095 (680,900) (1,105,388) 424,488 162.3% (684,900) (928,614) 243,714 Revenues/Recoveries 1,250,204 1,212,861 37,343 97.0% 1,274,331 1,379,329 (104,998) Administration Animal Services 636,760 546,502 90,258 85.8% 694,980 682,619 12,361 Municipal Law Enforcement 802,648 711,575 91,073 88.7% 788,731 609,352 179,379 Parking Enforcement 724,832 1,025,217 (300,385) 141.4% 558,068 768,020 (209,952) Election 131,700 132,204 (504) 100.4% 396,504 405,778 (9,274) Cemetery 1,800 128 1,672 7.1 % 1,800 - 1,800 Fleet 25,950 28,491 2,541 109.8% 25,950 26,705 755 3,573,894 3,656,978 (83,084) 102.3% 3,740,364 3,871,803 (131,439) Expenditures Net Expenditures 2,892,994 2,551,590 341,404 88.2% 3,055,464 2,943,189 112,275 IThe Municipality of Clarington Attachment 1 I Summary of ODeratina Expenditures and Revenues for 2019 to Report FND-011-20 2019 Budget 2019 Actual 2019 2019 % 2018 Budget 2018 Actual 2018 YTD YTD Unexpended Expended YTD YTD Unexpended 21 Finance & Unclassified Administration (1,390,000) (1,750,962) 360,962 126.0% (1,502,000) (2,032,822) 530,822 Revenues/Recoveries 2,695,275 2,516,018 179,257 93.3% 2,616,900 2,554,563 62,337 Finance Administration Unclassified Administration 2,873,032 3,010,958 (137,926) 104.8% 2,858,637 4,832,223 (1,973,586) 5,568,307 5,526,976 41,331 99.3% 5,475,537 7,386,786 1,911,249 Expenditures Net Expenditures 4,178,307 3,776,014 402,293 90.4% 3,973,537 5,353,964 1 380 427 28 Emergency Services - Fire Administration (55,000) (240,751) 185,751 437.7% (55,000) (233,939) 178,939 Prevention (45,000) (47,793) 2,793 106.2% (45,000) (44,352) (648) Municipal Emergency Measures 10,000 10,000 100.0% 10,000 10,000 - (110,000) (298,544) 188,544 271.4% (110,000) (288,291) 178,291 Revenues/Recoveries 1,754,586 1,967,760 (213,174) 112.1% 1,621,447 1,871,986 (250,539) Administration Prevention 790,840 714,429 76,411 90.3% 756,138 763,655 (7,517) Suppression 8,088,866 8,308,427 (219,561) 102.7% 7,947,577 7,905,581 41,996 Training/Technical Support 350,524 385,730 (35,206) 110.0% 341,100 426,090 (84,990) Communications 585,000 610,416 (25,416) 104.3% 577,500 567,343 10,157 Mechanical 120,000 116,459 3,541 97.0% 115,000 112,845 2,155 All Stations - Part-time 844,500 1,022,497 (177,997) 121.1% 841,873 964,543 (122,670) Municipal Operations Centre 31,950 27,251 4,699 85.3% 31,200 27,265 3,935 Maintenance Support 133,078 136,841 3,763 102.8% 130,951 132,234 1,283 12,699,344 13,289,810 (590,466) 104.6% 12,362,786 12,771,542 (408,756) Expenditures Net Expenditures 12,589,344 12,991,266 (401,922) 103.2% 12,252,786 12,483,251 (230,465) The Municipality of Clarington Attachment 1 Summary of Operating Expenditures and Revenues for 2019 to Report FND-011-20 2019 Budget 2019 Actual 2019 2019 % 2018 Budget 2018 Actual 2018 YTD YTD Unexpended Expended YTD YTD Unexpended 32 Engineering Services Administration (51,000) (342,361) 291,361 671.3% (51,000) (893,908) 842,908 Building Inspection 1,554,532 2,194,711 640,179 141.2% 1,554,532 3,242,724 1,688,192 (1,605,532) (2,537,072) 931,540 158.0% (1,605,532) (4,136,632) 2,531,100 Revenues/Recoveries 6,139,444 6,133,167 6,277 99.9% 5,854,283 6,468,988 (614,705) Administration Debentures 541,802 541,802 - 100.0% 538,773 538,773 - Building Inspection 1,550,625 1,491,708 58,917 96.2% 1,419,960 2,525,328 (1,105,368) Street Lighting 100,000 100,000 - 100.0% 90,000 90,000 - Parks & Parking Lots 15,500 15,481 19 99.9% 15,500 16,745 (1,245) Roads & Structures Safe Roads 21,000 63,500 24,226 41,868 (3,226) 21,632 115.4% 65.9% - 63,500 - 71,253 - (7,753) Road Maintenance - 4,399 (4,399) - 7,694 (7,694) Fleet 5,600 2,420 3,180 43.2% 5,600 5,293 307 8,437,471 8,350,672 86,799 99.0% 7,987,616 9,716,380 (1,728,764) Expenditures Net Expenditures 6,831,939 5,813,600 1,018,339 85.1% 6382,084 5,579,748 802,336 36 Operations Administration (367,000) (562,287) 195,287 153.2% (386,123) (497,997) 111,874 Street Lighting (15,000) (4,533) (10,467) 30.2% (15,000) (12,880) (2,120) Cemetery (127,800) (155,386) 27,586 121.6% (127,800) (135,930) 8,130 Green & Recycle Bin/Bag Tag Sales (24,000) (32,637) 8,637 136.0% (24,000) (26,924) 2,924 Road Maintenance (19,500) (22,882) 3,382 117.3% (19,500) (19,420) (80) Winter Control 100,000 81,592 18,408 81.6% 100,000 (77,428) (22,572 (653,300) (859,317) 206,017 131.5% (672,423) (770,579) 98,156 Revenues/Recoveries The Municipality of Clarington Attachment 1 Summary of Operating Expenditures and Revenues for 2019 to Report FND-011-20 2019 Budget 2019 Actual 2019 2019 % 2018 Budget 2018 Actual 2018 YTD YTD Unexpended Expended YTD YTD Unexpended 36 Operations (continued) Administration 5,163,425 5,274,402 (110,977) 102.1% 4,627,212 5,411,818 (784,606) Street Lighting 1,365,000 1,027,636 337,364 75.3% 1,360,000 1,367,852 (7,852) Debentures 186,114 186,114 - 100.0% 749,020 743,701 5,319 Parks 2,454,616 2,272,273 182,343 92.6% 2,438,789 2,172,004 266,785 Cemetery 318,025 368,683 (50,658) 115.9% 263,060 306,789 (43,729) Green & Recycle Bin/Bag Tag 24,000 30,236 (6,236) 126.0% 24,000 27,352 (3,352) Building & Property Services 2,665,698 2,659,899 5,799 99.8% 2,624,653 2,548,862 75,791 Road Maintenance 2,927,240 2,657,278 269,962 90.8% 2,333,790 2,584,765 (250,975) Hardtop Maintenance 1,032,400 824,311 208,089 79.8% 909,120 953,959 (44,839) Loosetop Maintenance 415,000 326,073 88,927 78.6% 418,000 311,037 106,963 Winter Control 2,478,000 4,065,757 (1,587,757) 164.1% 2,159,622 2,920,218 (760,596) Safety Devices 527,750 467,666 60,084 88.6% 769,840 592,632 177,208 Storm Water Management 129,500 10,100 119,400 7.8% 117,500 61,951 55,549 Regional Roads Maintenance 30,800 61,214 (30,414) 198.7% 30,300 43,899 (13,599) Fleet 847,560 784,027 63,533 92.5% 918,026 824,480 93,546 Library Building 13,460 14,557 (1,097) 108.2% 12,110 4,055 8,055 Museum Building 28,870 25,581 3,289 88.6% 28,282 35,862 (7,580) 20,607,458 21,055,807 (448,349) 102.2% 19,783,324 20,911,236 (1,127,912) Expenditures Net Expenditures 19,954,158 20,196,490 (242,332) 101.2% 19,110,901 20,140,657 (1,029,756 42 Community Services Administration (43,500) (78,426) 34,926 180.3% (43,500) (66,333) 22,833 Recreation Services Administration (3,900) (2,893) (1,007) 74.2% (8,000) (6,470) (1,530) Facilities (2,283,700) (2,259,033) (24,667) 98.9% (2,264,166) (2,251,888) (12,278) Proshop (2018) - - - (11,000) (14,452) 3,452 Vending Machine (Concessions 201 (66,100) (43,206) (22,894) 65.4% (418,500) (194,092) (224,408) Aquatic Programs (1,129,300) (1,171,739) 42,439 103.8% (1,072,800) (1,157,825) 85,025 Fitness Programs (576,500) (515,987) (60,513) 89.5% (612,000) (510,788) (101,212) Recreation Programs (544,500) (550,463) 5,963 101.1 % (537,000) (538,627) 1,627 Community Development (38,800) (23,631) (15,169) 60.9% (38,800) (33,422) (5,378) 55+ Active Adults (112,600) (127,296) 14,696 113.1% (99,100) (109,408) 10,308 Merchandise Revenues/Recoveries (11,500) (21,002) 9,502 182.6% - - - 4,810,400 4,793,676 16,724 99.7% 5,104,866 4,883,305 221,561 The Municipality of Clarington Attachment 1 Summary of Operating Expenditures and Revenues for 2019 to Report FND-011-20 2019 Budget 2019 Actual 2019 2019 % 2018 Budget 2018 Actual 2018 YTD YTD Unexpended Expended YTD YTD Unexpended 42 Community Services (continued) Administration 1,817,329 1,657,350 159,979 91.2% 1,968,352 1,868,507 99,845 Recreation Services Administration 928,385 910,576 17,809 98.1% 1,188,688 1,192,423 (3,735) Facilities 6,170,812 6,372,714 (201,902) 103.3% 6,898,187 6,972,147 (73,960) Debentures 2,111,799 2,111,799 - 100.0% 2,115,485 2,115,485 - Proshop (2018) - - - 5,700 6,726 (1,026) Concessions (2018) - - - 400,479 211,996 188,483 Aquatic Programs 914,106 908,548 5,558 99.4% 852,837 843,468 9,369 Fitness Programs 389,116 369,725 19,391 95.0% 393,049 388,669 4,380 Recreation Programs 588,202 578,686 9,516 98.4% 625,664 612,534 13,130 Community Development 98,600 73,364 25,236 74.4% 63,173 66,705 (3,532) 55+ Active Adults 145,795 157,242 (11,447) 107.9% 160,789 130,466 30,323 Customer Service 1,029,472 1,083,017 (53,545) 105.2% - 1,104 (1,104) Client Services 364,874 368,258 (3,384) 100.9% - - - Grants 60,000 60,000 - 100.0% 60,000 59,250 750 Municipal Sponsorships 35,000 34,300 700 98.0% 35,000 34,500 500 14,653,490 14,685,579 32,089 100.2% 14,767,403 14,503,980 263,423 Expenditures Net Expenditures 9,843,090 9,891,903 (48,813) 100.5% 91662,537 9,620,675 41,862 50 Planning Services Administration (814,400) (653,288) (161,112) 80.2% (702,300) (940,509) 238,209 Development Review - (1,533,025) 1,533,025 - (278,327) 278,327 814,400) 2,186,313 1,371,913 268.5% 702,300 1,218,836 516,536 Revenues/Recoveries 4,713,339 4,562,274 151,065 96.8% 4,378,036 4,717,903 (339,867) Administration Heritage Committee 1,500 1,465 35 97.7% - 1,135 (1,135) Development Review - 1,082,621 (1,082,621) - 369,298 (369,298) 4,714,839 5,646,360 931,521) 119.8% 4,378,036 5,088,336 (710,300) Expenditures Net Expenditures 3,900,439 3,460,047 440,392 88.7% 3,675,736 3,869,500 (193,764) Boards & Agencies 4,535,437 4,765,348 (229,911) 105.1% 4,190,911 4,195,927 5 016 Total Revenue/Recoveries (83,289,338) (88,230,187) 4,940,849 105.9% (81,185,987) (90,364,049) 9,178,062 Expenditures 83,289,338 85,522,334 (2,232,996) 102.7% 81,198,759 87,213,082 (6,014,323) 2 707 853 2,707,853 12,772 3 150 967 3,163. 739 Net Difference CORPORATION OF THE MUNICIPALITY OF CLARINGTON Attachment 2 to Continuity of Taxes Receivable Report FND-011-20 for the Fourth Quarter of the Year 2019 Beginning Balance Receivable + Interest + Taxes - Balance - Payments & + Prepaid December December September 30, Added Billed Adjustments ** Taxes 2019 2018 2019 Current Year Taxes 19,323,280 2,390,587 21,713,867 (14,994,816) 6,719,051 5,988,710 Penalty and Interest 197,559 324,801 522,360 (248,576) 273,784 238,301 First Prior Year Taxes 2,280,115 352,924 2,633,039 (883,527) 1,749,512 1,571,193 Penalty and Interest 232,615 75,158 307,773 (151,256) 156,517 153,338 Second Prior Year Taxes 586,017 74,643 660,660 (357,691) 302,969 428,711 Penalty and Interest 88,149 17,705 105,855 (60,489) 45,365 58,770 Third and Prior Years Taxes 148,609 - 148,609 (56,719) 91,890 180,752 Penalty and Interest 57,878 4,144 62,022 (17,784) 44,238 45,456 Sub -total 22,914,223 421,808 2,818,154 26,154,186 (16,770,859) 9,383,327 8,665,231 Prepaid Taxes (Prepaid taxes include property tax (5,821,071) (5,821,071) (5,627,528) monthly pre -authorized payment program PAP) Total 22,914,223 421,808 2,818,154 26,154,186 (16,770,859) (5,821,071) 3,562,256 3,037,704 NOTES- ** These figures include refunds, write-off, 357's etc. 2019 Interim Instalment months: February and April. 2019 Final Instalment months (for non -capped classes): June and September 2019 Final Instalment months (for capped classes): August and September Municipality of Clarington Attachment 3 of Report FND-011-20 Debenture Repayment Schedule As of January 1, 2019 Diane Hamre Indoor Soccer RRC MAC Green Road Recreation Year Lacrosse RRC CCD space Improvements Improvements Grade Separation Courtice Library Complex Total 2019 165,174.58 107,074.68 84,141.23 107,967.35 541,802.38 78,146.32 1,757,651.34 2,841,957.88 2020 164,755.07 107,074.68 84,010.16 107,799.19 544,416.38 78,341.53 1,604,355.98 2,690,752.99 2021 163,863.49 107,074.68 83,946.43 107,717.40 546,559.49 78,465.50 1,054,141.30 2,141,768.29 2022 163,542.75 83,964.94 107,741.15 546,559.49 78,488.31 1,006,711.96 1,987,008.60 2023 162,800.11 83,859.28 107,605.57 546,276.36 78,425.64 978,966.96 2024 160,675.42 83,823.08 107,559.13 553,240.30 78,249.84 983,547.77 2025+ 668,982.03 858,416.52 2,693,604.53 546,030.80 4,767,033.88 980,811.42 321,224.04 1,172,727.15 1,504,806.31 5,972,458.93 1,016,147.94 5,422,860.58 16,391,036.37 Principal at 896,000.00 294,299.58 950,705.28 1,219,914.89 4,958,600.00 871,000.00 5,083,000.00 14,273,519.75 January 1, 2019 Principal at 755,000.00 201,115.35 893,002.36 1,145,872.34 4,573,600.00 811,000.00 3,500,000.00 11,879,590.05 January 1, 2020 Interest Rates 2.25% to 3.35% 5.12% 1.9% to 3.45% 1.9% to 3.45% 2.25% to 3.8% 1.32% to 2.8% 4.65% to 4.75% Municipality of Clarington Attachment 4 to Report FND-011-20 RESIDENTIAL Single/Semi- Detached -New construction -Additions Townhouse Apartment TOTAL: MUNICIPAL DEVELOPMENT CHARGES January to December YTD 2019 2018 Municipal Development Number of Municipal Development Number Charges Paid Units Charges Paid of Units $ 1,160,745.00 66 $ 10,205,253.00 608 $ 1,128,284.00 84 $ 2,022,944.00 154 $ 551,135.00 65 $ - - $ 2,840,164.00 215 $ 12,228,197.00 762 Change in DC paid from prior year: Change in DC units from prior year: NON-RESIDENTIAL Commercial -New construction -Additions Industrial -New construction -Additions Agricultural Government Institutional TOTAL: -76.8% -71.8% 2019 2018 Municipal Development Charges Municipal Development Charges Paid Paid $ 503,830.84 $ 113,428.43 $ 30,133.35 $ 1,681,877.20 $ - $ 77,961.74 $ 533,964.19 $ 1,873,267.37 Change in DC paid from prior year: -71.5% Municipality of Clarington Mayor and Councillors' Discretionary Expenses January 1 to December 31, 2019 Attachment 5 to Report FND-011-20 Name Ward 2019 1st Quarter 2019 2nd Quarter 2019 3rd Quarter 2019 4th Quarter Total per Council Member Mayor A. Foster Mayor 1,391.70 4,357.22 25.75 (487.19) 5,287.48 Councillor J. Neal Regional Wards 1 & 2 - - - - - Councillor G. Anderson Regional Wards 3 & 4 1,151.07 2,800.90 (741.96) 186.71 3,396.72 Councillor J. Jones Ward 1 73.62 (49.24) - (24.38) - Councillor R. Hooper Ward 2 798.82 - - 798.82 Councillor C. Traill Ward 3 397.24 240.00 - (437.24) 200.00 Councillor M. Zwart Ward 4 660.30 146.49 764.37 (10.20) 1,560.96 Total 4,472.75 7,495.37 48.16 (772.30) 11,243.98 1 These figures include only discretionary expenses such as conferences, education courses, event tickets and external kilometre reimbursement. Remuneration and travel allowances are not included. 2 Credits and repayments relating to these expenses will be included in the quarter in which they are received. 3 This report is not to be considered as the Annual Council Remuneration report by the Treasurer as required by the Municipal Act, S.O. 2001, c.25, Section 284.